The Minimum Viable Product (MVP) concept, popularized by Eric Ries in his book Lean Startup, emphasizes developing a product with essential features to meet initial customer needs. By focusing on core features, product managers can gather valuable feedback early, iterate quickly and deliver a refined product. This approach not only reduces development time and costs, but also increases the chances of developing a successful and market-ready product, as Uber has built using the MVP model.

Please take the opportunity to connect with your friends and family and share this video with them if you find it useful.